S.Korean won at near 3-wk high on govt, Bernanke

SEOUL, July 9 (Reuters) - The South Korean won hit its strongest in almost three weeks against the dollar early on Wednesday, helped by the country's plans to increase overseas fund inflows and comments from the U.S. Federal Reserve chairman. Investors also remained cautious over South Korea's possible dollar-selling intervention to prop up the won and check inflation in Asia's fourth-biggest economy, after authorities were reported offloading up to $2 billion the previous day. Authorities were seen selling more dollars after the local currency market closed on Tuesday, traders said. The won was quoted at 1,026.3/6.9 per dollar as of 0010 GMT, compared to Tuesday's domestic close of 1032.7 . The unit strengthened to as high as 1,023.4, its highest since June 20. 'The authorities' strong intention to stabilise... [read full story]